Investors who bought into Andhra stocks euphoria after last Budget are licking their wounds

January 21, 2025

Andhra Pradesh-based stocks like Heritage Foods and Amara Raja Energy, which gained investor interest post-Budget, are now underperforming. Despite initial market excitement and promises from Andhra CM Chandra Babu Naidu and Finance Minister Nirmala Sitharaman, most of these stocks are trading negatively due to worsening market sentiments.

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Swati Khemani of Carnelian Asset Management remains optimistic about Indian equities, citing strong macro fundamentals and potential FII inflows of $1.5 trillion. She anticipates gradual

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S&P 500 ends higher as Oracle reignites AI rally; Boeing drops

The S&P 500 saw gains on Thursday. Oracle’s positive AI forecast boosted market confidence. Tech giants like Microsoft and Nvidia also experienced growth. However, Boeing

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